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DeDe3

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DeDe3

Re: TimWJ11 post# 814

Thursday, 07/31/2014 12:59:06 PM

Thursday, July 31, 2014 12:59:06 PM

Post# of 6643
Will do ~ company just confirmed: 'no death spiral financing'
gotta love that!!

In other news, the Company has declined and will continue to refuse convertible debt, also known a toxic debt. The “Death Spiral” or toxic debt is a loan that investors give to a publicly traded company in exchange for a note or bond with a right to buy stock at a lower price than the current market price. The conversion process results in the drop in the stock price.
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